Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2009-12-24

LG India to foray into the SMB segment

LG Electronics India has plans to foray into the small and medium businesses or SMB segment. The company will invest Rs 200 crore over the next three years in IT business.

LG Electronics India has plans to foray into the small and medium businesses or SMB segment. The company will invest Rs 200 crore over the next three years in IT business.

 

The Managing Director Moon B Shin estimated that the SMB market in India is around $400 million and the company intends to have a market share of 10 per cent by next December.

 

The investment will be made in the product development, R&D, marketing and developing new business avenues for the company. LG’s offering to the SMB units include network monitors, surveillance security & commercial displays, digital signage solutions and other appliances. 

Related opportunities
  • Quick Service Restaurants
    ABOUT Started in 2015,AutoExpress fuses together classic America staple ,hot dogs..
    Locations looking for expansion Telangana
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 100 - 300 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Hyderabad Telangana
  • Multi Cuisine Restaurant
    Thadiwala™ the name which reflects the meaning of Dream, Passion,..
    Locations looking for expansion Rajasthan
    Establishment year 2012
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 300 - 500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Jaipur Rajasthan
  • About:An ultimate high-fashion destination for the stylish and glamorous of..
    Locations looking for expansion New Delhi
    Establishment year 2014
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 150 - 200 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Juices / Smoothies / Dairy parlors
    Juices goes way beyond mere drinking.Fresh juices are a..
    Locations looking for expansion New Delhi
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 100 - 250 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities